Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 225000
per

Your estimated
City
free-cash

Dresden , Germany
₽82939
₽108694
₽80620
₽94067
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
74 855
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 117
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 871
trade
-
-
-
28 074
total
-
-
-
113 917
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

38 468
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

59
-
4 117
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 075
-
74 855
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 871
-
6 871
-
total
8 005
-
85 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 532
225 000
-
-
income
27 980
33 750
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 538
1 857
-
-
chamber of commerce
420
475
-
-
trade
29 379
35 437
-
-
total
59 317
71 519
-
-
Dividends
127 215
153 481
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 727
2 090
-
-
withholding
31 421
37 989
-
-
total
33 148
40 079
-
-
Income
225 000
225 000
225 000
225 000
Total tax
100 470
111 598
85 843
113 917
After tax
124 530
113 402
139 157
111 083
Living cost
30 463
30 463
30 463
30 463
Free-cash
94 067
82 939
108 694
80 620

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽86989
₽76842
₽75634
₽86100
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
2 419
municipal
-
-
-
24 928
national
-
-
-
41 608
pensions
-
-
-
27 000
total
-
-
-
95 955
Employee
82 797
-
194 510
-
municipal
10 227
-
25 799
-
pensions
3 312
-
7 780
-
national
15 847
-
43 516
-
total
29 386
-
77 095
-
Employer
82 797
-
194 510
-
pensions
6 624
-
15 561
-
social contributions
890
-
2 091
-
total
7 514
-
17 652
-
Corporate
129 225
225 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

25 845
45 000
-
-
total
25 845
45 000
-
-
Dividends
103 380
180 000
-
-
withholding
22 744
39 600
-
-
total
22 744
39 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
85 489
84 600
94 747
95 955
After tax
139 511
140 400
130 253
129 045
Living cost
53 411
53 411
53 411
53 411
Free-cash
86 100
86 989
76 842
75 634

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽159075
₽76836
₽60830
₽150827
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
225 000
income
-
-
-
47 337
surtax
-
-
-
57 374
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
143 246
Employee
29 388
-
176 690
-
surtax
-
-
25 619
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 233
-
13 185
-
income
5 231
-
40 126
-
total
8 464
-
78 930
-
Employer
29 388
-
176 690
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

7 079
-
28 875
-
surtax
-
-
19 435
-
total
7 079
-
48 310
-
Corporate
188 533
225 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

37 706
45 001
-
-
total
37 706
45 001
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

150 826
179 999
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
53 249
45 001
127 240
143 246
After tax
171 751
179 999
97 760
81 754
Living cost
20 924
20 924
20 924
20 924
Free-cash
150 827
159 075
76 836
60 830

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽69976
₽101768
₽78756
₽63816
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
79 926
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
104 112
Employee
85 887
85 887
206 309
-
pensions
15 460
11 784
11 784
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

14 058
14 058
38 223
-
health
13 183
11 213
12 402
-
total
42 701
37 055
62 409
-
Employer
85 887
85 887
206 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
125 127
124 073
-
-
income
25 025
24 816
-
-
total
25 025
24 816
-
-
Dividends
100 102
99 258
-
-
income
21 271
21 092
-
-
withholding
15 015
14 889
-
-
total
36 286
35 981
-
-
Income
225 000
225 000
225 000
225 000
Total tax
119 052
112 892
81 100
104 112
After tax
105 948
112 108
143 900
120 888
Living cost
42 132
42 132
42 132
42 132
Free-cash
63 816
69 976
101 768
78 756

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽81644
₽70673
₽71673
₽80719
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
59 293
national
-
-
-
26 666
pensions
-
-
-
9 762
total
-
-
-
112 121
Employee
58 715
-
196 625
-
municipal
17 509
-
58 633
-
national
-
-
26 113
-
total
17 509
-
84 746
-
Employer
58 715
-
196 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
147 837
225 000
-
-
income
32 524
49 500
-
-
total
32 524
49 500
-
-
Dividends
115 313
175 500
-
-
withholding
34 594
52 650
-
-
total
34 594
52 650
-
-
Income
225 000
225 000
225 000
225 000
Total tax
103 075
102 150
113 121
112 121
After tax
121 925
122 850
111 879
112 879
Living cost
41 206
41 206
41 206
41 206
Free-cash
80 719
81 644
70 673
71 673

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽72736
₽99647
₽70327
₽86868
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
74 855
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 117
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 871
trade
-
-
-
29 320
total
-
-
-
115 163
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

51 004
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

240
-
4 117
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 382
-
74 855
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 871
-
6 871
-
total
11 493
-
85 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 996
225 000
-
-
income
26 100
33 750
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 435
1 857
-
-
chamber of commerce
401
473
-
-
trade
28 623
37 013
-
-
total
56 559
73 093
-
-
Dividends
117 437
151 907
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 594
2 067
-
-
withholding
28 976
37 594
-
-
total
30 570
39 661
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 622
112 754
85 843
115 163
After tax
126 378
112 246
139 157
109 837
Living cost
39 510
39 510
39 510
39 510
Free-cash
86 868
72 736
99 647
70 327

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽131361
₽116921
₽118770
₽127193
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
51 599
social contributions
-
-
-
16 273
health
-
-
-
5 737
total
-
-
-
73 609
Employee
77 337
77 337
212 413
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
50 603
-
health
769
1 315
3 611
-
total
12 648
14 893
62 871
-
Employer
77 337
77 337
212 413
-
health
838
1 431
3 930
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 587
-
Corporate
175 134
139 813
-
-
income
21 892
17 477
-
-
total
21 892
17 477
-
-
Dividends
153 243
122 336
-
-
withholding
26 050
20 798
-
-
total
26 050
20 798
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 186
61 018
75 458
73 609
After tax
159 814
163 982
149 542
151 391
Living cost
32 621
32 621
32 621
32 621
Free-cash
127 193
131 361
116 921
118 770

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽107841
₽111980
₽137414
₽108225
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
27 506
unemployment
-
-
-
3 375
health
-
-
-
15 750
pensions
-
-
-
22 500
total
-
-
-
69 131
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 641
10 603
188 285
-
unemployment
400
159
2 824
-
pensions
2 664
1 060
18 828
-
income
3 257
1 296
23 018
-
health
1 865
742
13 180
-
total
8 186
3 257
57 850
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 641
10 603
188 285
-
pensions
5 195
2 068
36 715
-
total
5 195
2 068
36 715
-
Corporate
193 164
212 330
-
-
income
17 385
19 110
-
-
total
17 385
19 110
-
-
Dividends
175 780
193 220
-
-
social contributions
34 156
37 557
-
-
withholding
33 398
36 712
-
-
total
67 554
74 269
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 320
98 704
94 565
69 131
After tax
126 680
126 296
130 435
155 869
Living cost
18 455
18 455
18 455
18 455
Free-cash
108 225
107 841
111 980
137 414

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽155706
₽105395
₽96308
₽149460
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
30 150
health
-
-
-
29 249
pensions
-
-
-
45 001
total
-
-
-
104 400
Employee
28 531
-
168 162
-
unemployment
456
-
2 691
-
pensions
571
-
3 363
-
income
3 212
-
32 421
-
total
4 239
-
38 475
-
Employer
28 531
-
168 162
-
health
3 708
-
21 861
-
pensions
5 707
-
33 631
-
unemployment
229
-
1 346
-
total
9 644
-
56 838
-
Corporate
186 824
225 000
-
-
income
37 365
45 001
-
-
total
37 365
45 001
-
-
Dividends
149 460
179 999
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
51 248
45 001
95 313
104 400
After tax
173 752
179 999
129 687
120 600
Living cost
24 292
24 292
24 292
24 292
Free-cash
149 460
155 706
105 395
96 308

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽4175
₽101420
₽131247
₽14789
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
257
income
-
-
-
64 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
71 353
Employee
35 237
-
205 323
-
pensions
3 968
-
7 768
-
income
4 834
-
50 226
-
health
4 035
-
23 509
-
total
12 837
-
81 503
-
Employer
35 237
-
205 323
-
pensions
5 730
-
11 218
-
accident
588
-
3 429
-
unemployment
863
-
5 030
-
total
7 181
-
19 677
-
Corporate
182 582
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

164 324
202 500
-
-
total
164 324
202 500
-
-
Dividends
18 258
22 500
-
-
withholding
3 469
4 275
-
-
total
3 469
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
187 811
206 775
101 180
71 353
After tax
37 189
18 225
123 820
153 647
Living cost
22 400
22 400
22 400
22 400
Free-cash
14 789
-4 175
101 420
131 247

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽205610
₽171860
₽214610
₽204084
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
225 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 250
total
-
-
-
2 250
Employee
10 174
-
225 000
-
income
2 035
-
45 000
-
total
2 035
-
45 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

214 826
225 000
-
-
total
-
-
-
-
Dividends
214 826
225 000
-
-
withholding
10 741
11 250
-
-
total
10 741
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
12 776
11 250
45 000
2 250
After tax
212 224
213 750
180 000
222 750
Living cost
8 140
8 140
8 140
8 140
Free-cash
204 084
205 610
171 860
214 610

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽138510
₽106321
₽108182
₽131714
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
39 319
other
-
-
-
7 264
health
-
-
-
6 730
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
36 706
total
-
-
-
90 019
Employee
36 518
-
186 194
-
unemployment
365
-
1 529
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 556
-
10 705
-
income
6 287
-
38 699
-
health
512
-
2 141
-
total
9 720
-
53 074
-
Employer
36 518
-
186 194
-
health
512
-
2 141
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

6 209
-
26 001
-
accident
292
-
1 489
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 806
-
Corporate
179 279
225 000
-
-
income
37 649
47 249
-
-
total
37 649
47 249
-
-
Dividends
141 630
177 751
-
-
withholding
9 913
12 442
-
-
total
9 913
12 442
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 487
59 691
91 880
90 019
After tax
158 513
165 309
133 120
134 981
Living cost
26 799
26 799
26 799
26 799
Free-cash
131 714
138 510
106 321
108 182

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽75148
₽58575
₽78669
₽83197
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
69 500
pensions
-
-
-
9 972
total
-
-
-
79 472
Employee
94 595
-
196 099
-
pensions
9 126
-
11 909
-
income
17 052
-
56 103
-
health
1 559
-
2 653
-
total
27 737
-
70 665
-
Employer
94 595
-
196 099
-
health
1 797
-
3 725
-
pensions
11 169
-
25 176
-
total
12 966
-
28 901
-
Corporate
117 439
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

22 314
42 750
-
-
total
22 314
42 750
-
-
Dividends
95 125
182 250
-
-
withholding
11 927
40 243
-
-
total
11 927
40 243
-
-
Income
225 000
225 000
225 000
225 000
Total tax
74 944
82 993
99 566
79 472
After tax
150 056
142 007
125 434
145 528
Living cost
66 859
66 859
66 859
66 859
Free-cash
83 197
75 148
58 575
78 669

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽179170
₽177989
₽168652
₽174490
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
33 750
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
5 206
total
-
-
-
43 143
Employee
17 485
-
218 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 535
-
3 089
-
income
1 748
-
21 810
-
health
804
-
1 618
-
total
4 280
-
26 904
-
Employer
17 485
-
218 098
-
health
1 207
-
2 427
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
204 084
225 000
-
-
income
20 409
22 500
-
-
total
20 409
22 500
-
-
Dividends
183 676
202 500
-
-
withholding
9 184
10 125
-
-
total
9 184
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
37 305
32 625
33 806
43 143
After tax
187 695
192 375
191 194
181 857
Living cost
13 205
13 205
13 205
13 205
Free-cash
174 490
179 170
177 989
168 652

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽56338
₽88130
₽65118
₽58870
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
79 926
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
104 112
Employee
93 245
85 887
206 309
-
pensions
11 784
11 784
11 784
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

14 058
14 058
38 223
-
health
11 633
11 213
12 402
-
total
37 475
37 055
62 409
-
Employer
93 245
85 887
206 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
115 428
124 073
-
-
income
23 086
24 816
-
-
total
23 086
24 816
-
-
Dividends
92 342
99 258
-
-
income
19 622
21 092
-
-
withholding
13 851
14 889
-
-
total
33 473
35 981
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 360
112 892
81 100
104 112
After tax
114 640
112 108
143 900
120 888
Living cost
55 770
55 770
55 770
55 770
Free-cash
58 870
56 338
88 130
65 118

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽129919
₽97597
₽107384
₽121002
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
23 799
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 485
health
-
-
-
30 375
total
-
-
-
92 623
Employee
36 754
-
178 173
-
solidarity contribution
-
-
1 607
-
social contributions
2 389
-
8 006
-
income
4 411
-
21 917
-
health
4 962
-
24 053
-
total
11 762
-
55 583
-
Employer
36 754
-
178 173
-
health
3 308
-
16 036
-
social contributions
9 189
-
30 791
-
total
12 497
-
46 827
-
Corporate
175 749
225 000
-
-
income
33 392
42 750
-
-
total
33 392
42 750
-
-
Dividends
142 357
182 250
-
-
withholding
21 354
27 338
-
-
total
21 354
27 338
-
-
Income
225 000
225 000
225 000
225 000
Total tax
79 005
70 088
102 410
92 623
After tax
145 995
154 912
122 590
132 377
Living cost
24 993
24 993
24 993
24 993
Free-cash
121 002
129 919
97 597
107 384

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽77607
₽57391
₽65919
₽72358
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
50 337
regional
-
-
-
2 839
municipal
-
-
-
1 397
national
-
-
-
62 069
total
-
-
-
116 642
Employee
89 385
-
225 000
-
municipal
473
-
1 271
-
national
15 488
-
55 338
-
regional
843
-
2 568
-
social contributions
30 141
-
65 993
-
total
46 945
-
125 170
-
Employer
89 385
-
225 000
-
total
-
-
-
-
Corporate
135 615
225 000
-
-
municipal
5 289
8 776
-
-
nationa
32 547
54 000
-
-
total
37 836
62 776
-
-
Dividends
97 779
162 224
-
-
withholding
25 422
42 178
-
-
total
25 422
42 178
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 203
104 954
125 170
116 642
After tax
114 797
120 046
99 830
108 358
Living cost
42 439
42 439
42 439
42 439
Free-cash
72 358
77 607
57 391
65 919

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽119331
₽77500
₽83648
₽116201
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
70 654
other
-
-
-
-
surtax
-
-
-
11 900
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
119 159
Employee
33 259
-
196 745
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
10 696
-
income
5 575
-
64 638
-
health
849
-
3 422
-
total
11 066
-
97 052
-
Employer
33 259
-
196 745
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
184 740
225 000
-
-
income
48 032
58 500
-
-
total
48 032
58 500
-
-
Dividends
136 708
166 500
-
-
withholding
20 506
24 976
-
-
total
20 506
24 976
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 606
83 476
125 307
119 159
After tax
138 394
141 524
99 693
105 841
Living cost
22 193
22 193
22 193
22 193
Free-cash
116 201
119 331
77 500
83 648

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽96331
₽79758
₽99852
₽102936
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
69 500
pensions
-
-
-
9 972
total
-
-
-
79 472
Employee
63 395
-
196 099
-
pensions
5 381
-
11 909
-
income
11 418
-
56 103
-
health
920
-
2 653
-
total
17 719
-
70 665
-
Employer
63 395
-
196 099
-
health
1 204
-
3 725
-
pensions
6 863
-
25 176
-
total
8 067
-
28 901
-
Corporate
153 538
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

29 172
42 750
-
-
total
29 172
42 750
-
-
Dividends
124 366
182 250
-
-
withholding
21 430
40 243
-
-
total
21 430
40 243
-
-
Income
225 000
225 000
225 000
225 000
Total tax
76 388
82 993
99 566
79 472
After tax
148 612
142 007
125 434
145 528
Living cost
45 676
45 676
45 676
45 676
Free-cash
102 936
96 331
79 758
99 852

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽23142
₽90684
₽99258
₽57261
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 500
regional
-
-
-
12 397
health
-
-
-
506
city
-
-
-
2 372
national
-
-
-
5 521
pensions
-
-
-
20 701
total
-
-
-
45 997
Employee
93 322
-
202 300
-
unemployment
-
-
-
-
pensions
7 840
-
15 976
-
national
442
-
4 489
-
regional
3 056
-
10 990
-
city
1 002
-
2 185
-
health
211
-
455
-
total
12 551
-
34 095
-
Employer
93 322
-
202 300
-
health
211
-
455
-
pensions
7 840
-
15 976
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 866
-
4 045
-
total
9 917
-
20 476
-
Corporate
120 735
225 000
-
-
regional
25 536
47 587
-
-
national
10 263
19 126
-
-
total
35 799
66 713
-
-
Dividends
84 935
158 288
-
-
withholding
29 727
55 400
-
-
total
29 727
55 400
-
-
Income
225 000
225 000
225 000
225 000
Total tax
87 994
122 113
54 571
45 997
After tax
137 006
102 887
170 429
179 003
Living cost
79 745
79 745
79 745
79 745
Free-cash
57 261
23 142
90 684
99 258

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽65013
₽93083
₽62515
₽81324
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
74 855
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 117
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 871
trade
-
-
-
30 568
total
-
-
-
116 411
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

60 444
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

391
-
4 117
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

7 108
-
74 855
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 871
-
6 871
-
total
14 370
-
85 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 556
225 000
-
-
income
24 684
33 750
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 357
1 857
-
-
chamber of commerce
384
470
-
-
trade
28 220
38 588
-
-
total
54 645
74 665
-
-
Dividends
109 911
150 336
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 491
2 046
-
-
withholding
27 096
37 202
-
-
total
28 587
39 248
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 602
113 913
85 843
116 411
After tax
127 398
111 087
139 157
108 589
Living cost
46 074
46 074
46 074
46 074
Free-cash
81 324
65 013
93 083
62 515

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽78990
₽82312
₽88820
₽84930
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
41 815
other
-
-
-
6 976
surtax
-
-
-
-
social contributions
-
-
-
6 411
health
-
-
-
11 007
pensions
-
-
-
35 561
total
-
-
-
101 770
Employee
43 044
-
171 676
-
pensions
4 867
-
12 957
-
surtax
-
-
-
-
social contributions
1 227
-
4 892
-
income
2 540
-
37 106
-
total
8 634
-
54 955
-
Employer
43 044
-
171 676
-
health
3 014
-
17 091
-
pensions
7 071
-
21 633
-
unemployment
1 743
-
6 953
-
social contributions
130
-
515
-
other
1 485
-
7 131
-
total
13 443
-
53 323
-
Corporate
168 513
225 000
-
-
income
47 184
63 001
-
-
surtax
-
-
-
-
total
47 184
63 001
-
-
Dividends
121 329
161 999
-
-
surtax
-
-
-
-
social contributions
20 869
27 864
-
-
withholding
15 530
20 735
-
-
total
36 399
48 599
-
-
Income
225 000
225 000
225 000
225 000
Total tax
105 660
111 600
108 278
101 770
After tax
119 340
113 400
116 722
123 230
Living cost
34 410
34 410
34 410
34 410
Free-cash
84 930
78 990
82 312
88 820

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽82399
₽85721
₽92229
₽87987
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
41 815
other
-
-
-
6 976
surtax
-
-
-
-
social contributions
-
-
-
6 411
health
-
-
-
11 007
pensions
-
-
-
35 561
total
-
-
-
101 770
Employee
38 423
-
171 676
-
pensions
4 346
-
12 957
-
surtax
-
-
-
-
social contributions
1 096
-
4 892
-
income
1 981
-
37 106
-
total
7 423
-
54 955
-
Employer
38 423
-
171 676
-
health
2 689
-
17 091
-
pensions
6 314
-
21 633
-
unemployment
1 556
-
6 953
-
social contributions
115
-
515
-
other
1 326
-
7 131
-
total
12 000
-
53 323
-
Corporate
174 577
225 000
-
-
income
48 881
63 001
-
-
surtax
-
-
-
-
total
48 881
63 001
-
-
Dividends
125 696
161 999
-
-
surtax
-
-
-
-
social contributions
21 619
27 864
-
-
withholding
16 089
20 735
-
-
total
37 708
48 599
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 012
111 600
108 278
101 770
After tax
118 988
113 400
116 722
123 230
Living cost
31 001
31 001
31 001
31 001
Free-cash
87 987
82 399
85 721
92 229

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽115946
₽117120
₽123166
₽116465
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
33 750
social contributions
-
-
-
31 051
health
-
-
-
15 706
total
-
-
-
80 507
Employee
34 101
-
225 000
-
social contributions
4 707
-
31 051
-
income
5 688
-
39 796
-
health
2 380
-
15 706
-
total
12 775
-
86 553
-
Employer
34 101
-
225 000
-
total
-
-
-
-
Corporate
190 899
225 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

9 545
11 249
-
-
total
9 545
11 249
-
-
Dividends
181 354
213 751
-
-
social contributions
25 027
29 497
-
-
withholding
27 203
32 062
-
-
health
12 658
14 919
-
-
total
64 888
76 478
-
-
Income
225 000
225 000
225 000
225 000
Total tax
87 208
87 727
86 553
80 507
After tax
137 792
137 273
138 447
144 493
Living cost
21 327
21 327
21 327
21 327
Free-cash
116 465
115 946
117 120
123 166

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽88600
₽23563
₽79845
₽87041
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
71 723
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
901
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
109 716
Employee
50 263
40 080
185 988
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
60 165
-
health
1 945
1 552
4 546
-
total
14 824
10 214
81 444
-
Employer
50 263
40 080
185 988
-
chamber of commerce
200
160
744
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 579
-
other
2 388
1 903
8 251
-
total
14 662
11 732
39 011
-
Corporate
160 075
173 185
182 171
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

40 019
43 296
45 543
-
total
40 019
43 296
45 543
-
Dividends
120 056
129 889
-
-
withholding
33 015
35 719
-
-
total
33 015
35 719
-
-
Income
225 000
225 000
225 000
225 000
Total tax
102 520
100 961
165 998
109 716
After tax
122 480
124 039
59 002
115 284
Living cost
35 439
35 439
35 439
35 439
Free-cash
87 041
88 600
23 563
79 845

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽86872
₽39875
₽61184
₽73981
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
11 996
social contributions
-
-
-
25 075
national
-
-
-
90 074
total
-
-
-
127 145
Employee

The minimum management director salary is set at €45,000 per year.

71 942
-
174 270
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

626
-
1 515
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

3 752
-
9 089
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 396
-
13 070
-
national
22 118
-
65 858
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 380
-
8 190
-
total
35 272
-
97 722
-
Employer

The minimum management director salary is set at €45,000 per year.

71 942
-
174 270
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 424
-
10 719
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6 375
-
15 441
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

935
-
2 266
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 050
-
2 544
-
surtax
8 157
-
19 762
-
total
20 941
-
50 732
-
Corporate
132 117
225 000
-
-
income
26 423
48 072
-
-
surtax
529
962
-
-
total
26 952
49 034
-
-
Dividends
105 166
175 966
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

31 183
52 423
-
-
total
31 183
52 423
-
-
Income
225 000
225 000
225 000
225 000
Total tax
114 348
101 457
148 454
127 145
After tax
110 652
123 543
76 546
97 855
Living cost
36 671
36 671
36 671
36 671
Free-cash
73 981
86 872
39 875
61 184

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽113078
₽85191
₽89410
₽106189
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
840
income
-
-
-
71 300
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
99 268
Employee
50 064
-
195 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
67 848
-
total
13 743
-
73 769
-
Employer
50 064
-
195 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
158 979
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

23 846
33 750
-
-
total
23 846
33 750
-
-
Dividends
135 133
191 250
-
-
withholding
28 942
41 850
-
-
total
28 942
41 850
-
-
Income
225 000
225 000
225 000
225 000
Total tax
82 489
75 600
103 487
99 268
After tax
142 511
149 400
121 513
125 732
Living cost
36 322
36 322
36 322
36 322
Free-cash
106 189
113 078
85 191
89 410

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽72868
₽60198
₽51229
₽59042
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
communal
-
-
-
14 221
accident
-
-
-
1 897
income
-
-
-
42 311
surtax
-
-
-
11 154
health
-
-
-
15 807
pensions
-
-
-
33 725
total
-
-
-
119 115
Employee
76 164
-
200 982
-
pensions
6 092
-
16 078
-
surtax
4 668
-
12 318
-
income
7 357
-
48 789
-
health
3 390
-
8 944
-
total
21 507
-
86 129
-
Employer
76 164
-
200 982
-
health
2 323
-
6 130
-
pensions
6 092
-
16 078
-
accident
685
-
1 809
-
total
9 100
-
24 017
-
Corporate
139 735
225 000
-
-
communal
9 432
15 187
-
-
income
20 960
33 750
-
-
surtax
1 468
2 363
-
-
total
31 860
51 300
-
-
Dividends
107 875
173 701
-
-
income
32 654
20 122
-
-
withholding
16 181
26 054
-
-
total
48 835
46 176
-
-
Income
225 000
225 000
225 000
225 000
Total tax
111 302
97 476
110 146
119 115
After tax
113 698
127 524
114 854
105 885
Living cost
54 656
54 656
54 656
54 656
Free-cash
59 042
72 868
60 198
51 229

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽118934
₽77103
₽83251
₽115736
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
70 654
other
-
-
-
-
surtax
-
-
-
11 900
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
119 159
Employee
33 870
-
196 745
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
10 696
-
income
5 678
-
64 638
-
health
865
-
3 422
-
total
11 280
-
97 052
-
Employer
33 870
-
196 745
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
183 999
225 000
-
-
income
47 839
58 500
-
-
total
47 839
58 500
-
-
Dividends
136 161
166 500
-
-
withholding
20 424
24 976
-
-
total
20 424
24 976
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 674
83 476
125 307
119 159
After tax
138 326
141 524
99 693
105 841
Living cost
22 590
22 590
22 590
22 590
Free-cash
115 736
118 934
77 103
83 251

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽91173
₽72077
₽80559
₽88939
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
50 337
regional
-
-
-
3 545
municipal
-
-
-
1 397
national
-
-
-
62 069
total
-
-
-
117 348
Employee
55 790
-
225 000
-
municipal
296
-
1 271
-
national
8 839
-
55 338
-
regional
751
-
3 228
-
social contributions
18 813
-
65 993
-
total
28 699
-
125 830
-
Employer
55 790
-
225 000
-
total
-
-
-
-
Corporate
169 210
225 000
-
-
municipal
8 409
11 182
-
-
nationa
40 611
54 000
-
-
total
49 020
65 182
-
-
Dividends
120 189
159 818
-
-
withholding
31 249
41 552
-
-
total
31 249
41 552
-
-
Income
225 000
225 000
225 000
225 000
Total tax
108 968
106 734
125 830
117 348
After tax
116 032
118 266
99 170
107 652
Living cost
27 093
27 093
27 093
27 093
Free-cash
88 939
91 173
72 077
80 559

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽124114
₽91792
₽101579
₽113127
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
23 799
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 485
health
-
-
-
30 375
total
-
-
-
92 623
Employee
45 291
-
178 173
-
solidarity contribution
-
-
1 607
-
social contributions
2 944
-
8 006
-
income
5 435
-
21 917
-
health
6 114
-
24 053
-
total
14 493
-
55 583
-
Employer
45 291
-
178 173
-
health
4 076
-
16 036
-
social contributions
11 323
-
30 791
-
total
15 399
-
46 827
-
Corporate
164 310
225 000
-
-
income
31 219
42 750
-
-
total
31 219
42 750
-
-
Dividends
133 091
182 250
-
-
withholding
19 964
27 338
-
-
total
19 964
27 338
-
-
Income
225 000
225 000
225 000
225 000
Total tax
81 075
70 088
102 410
92 623
After tax
143 925
154 912
122 590
132 377
Living cost
30 798
30 798
30 798
30 798
Free-cash
113 127
124 114
91 792
101 579

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽92058
₽26965
₽83395
₽91558
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
71 723
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
901
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
109 518
Employee
43 964
40 080
186 173
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
60 254
-
health
1 701
1 552
4 546
-
total
11 877
10 214
81 533
-
Employer
43 964
40 080
186 173
-
chamber of commerce
176
160
744
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 585
-
other
2 088
1 903
8 258
-
total
12 653
11 534
38 826
-
Corporate
168 384
173 384
182 356
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

42 096
43 346
45 589
-
total
42 096
43 346
45 589
-
Dividends
126 288
130 038
-
-
withholding
34 729
35 761
-
-
total
34 729
35 761
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 355
100 855
165 948
109 518
After tax
123 645
124 145
59 052
115 482
Living cost
32 087
32 087
32 087
32 087
Free-cash
91 558
92 058
26 965
83 395

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽201066
₽167316
₽210066
₽198688
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
225 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 250
total
-
-
-
2 250
Employee
15 855
-
225 000
-
income
3 171
-
45 000
-
total
3 171
-
45 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

209 145
225 000
-
-
total
-
-
-
-
Dividends
209 145
225 000
-
-
withholding
10 457
11 250
-
-
total
10 457
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
13 628
11 250
45 000
2 250
After tax
211 372
213 750
180 000
222 750
Living cost
12 684
12 684
12 684
12 684
Free-cash
198 688
201 066
167 316
210 066

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽127936
₽72731
₽77617
₽119524
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
225 000
income
-
-
-
56 839
unemployment
-
-
-
338
health
-
-
-
22 140
pensions
-
-
-
41 090
total
-
-
-
120 407
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 474
-
194 686
-
unemployment
63
-
273
-
pensions
6 894
-
30 177
-
income
7 670
-
51 953
-
health
2 872
-
12 578
-
total
17 499
-
94 981
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 474
-
194 686
-
health
2 962
-
12 967
-
pensions
3 936
-
17 229
-
unemployment
27
-
116
-
total
6 925
-
30 312
-
Corporate
173 601
225 000
-
-
income
32 984
42 751
-
-
total
32 984
42 751
-
-
Dividends
140 617
182 249
-
-
withholding
21 092
27 337
-
-
total
21 092
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 500
70 088
125 293
120 407
After tax
146 500
154 912
99 707
104 593
Living cost
26 976
26 976
26 976
26 976
Free-cash
119 524
127 936
72 731
77 617

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽92887
₽167581
₽111490
₽44379
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
43 857
social contributions
-
-
-
25 650
total
-
-
-
69 507
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
72 942
225 000
-
-
income
16 047
49 500
-
-
total
16 047
49 500
-
-
Dividends
56 895
175 500
-
-
income
12 517
38 610
-
-
total
12 517
38 610
-
-
Income
225 000
225 000
225 000
225 000
Total tax
136 618
88 110
13 416
69 507
After tax
88 382
136 890
211 584
155 493
Living cost
44 003
44 003
44 003
44 003
Free-cash
44 379
92 887
167 581
111 490

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽96434
₽68356
₽85881
₽95419
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
225 000
income
-
-
-
29 384
surtax
-
-
-
-
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
78 188
total
-
-
-
107 572
Employee
46 257
-
181 818
-
surtax
-
-
229
-
social contributions
5 088
-
20 000
-
income
9 622
-
61 686
-
total
14 710
-
81 915
-
Employer
46 257
-
181 818
-
social contributions
10 986
-
43 182
-
total
10 986
-
43 182
-
Corporate
167 758
225 000
-
-
income
35 229
47 249
-
-
surtax
-
-
-
-
total
35 229
47 249
-
-
Dividends
132 529
177 751
-
-
withholding
37 109
49 770
-
-
total
37 109
49 770
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 034
97 019
125 097
107 572
After tax
126 966
127 981
99 903
117 428
Living cost
31 547
31 547
31 547
31 547
Free-cash
95 419
96 434
68 356
85 881

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽64824
₽68146
₽74654
₽71738
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
41 815
other
-
-
-
6 976
surtax
-
-
-
-
social contributions
-
-
-
6 411
health
-
-
-
11 007
pensions
-
-
-
35 561
total
-
-
-
101 770
Employee
62 992
-
171 676
-
pensions
7 125
-
12 957
-
surtax
-
-
-
-
social contributions
1 794
-
4 892
-
income
5 496
-
37 106
-
total
14 415
-
54 955
-
Employer
62 992
-
171 676
-
health
4 409
-
17 091
-
pensions
10 350
-
21 633
-
unemployment
2 552
-
6 953
-
social contributions
189
-
515
-
other
2 174
-
7 131
-
total
19 674
-
53 323
-
Corporate
142 334
225 000
-
-
income
39 853
63 001
-
-
surtax
-
-
-
-
total
39 853
63 001
-
-
Dividends
102 481
161 999
-
-
surtax
-
-
-
-
social contributions
17 626
27 864
-
-
withholding
13 118
20 735
-
-
total
30 744
48 599
-
-
Income
225 000
225 000
225 000
225 000
Total tax
104 686
111 600
108 278
101 770
After tax
120 314
113 400
116 722
123 230
Living cost
48 576
48 576
48 576
48 576
Free-cash
71 738
64 824
68 146
74 654

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽172268
₽139804
₽133825
₽168890
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
11 442
social contributions
-
-
-
49 501
total
-
-
-
60 943
Employee
32 334
-
194 804
-
income
-
-
12 106
-
social contributions
2 101
-
12 662
-
total
2 101
-
24 768
-
Employer
32 334
-
194 804
-
social contributions
5 012
-
30 196
-
total
5 012
-
30 196
-
Corporate
187 654
225 000
-
-
income
18 765
22 500
-
-
total
18 765
22 500
-
-
Dividends
168 889
202 500
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
25 878
22 500
54 964
60 943
After tax
199 122
202 500
170 036
164 057
Living cost
30 232
30 232
30 232
30 232
Free-cash
168 890
172 268
139 804
133 825

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽5974
₽5974
₽81518
₽3402
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
labour market
-
-
-
17 930
municipal
-
-
-
48 292
national
-
-
-
27 975
pensions
-
-
-
871
total
-
-
-
95 068
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
5 973
-
-
-
income
1 314
-
-
-
total
1 314
-
-
-
Dividends
4 659
-
-
-
withholding
1 258
-
-
-
total
1 258
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
173 184
170 612
170 612
95 068
After tax
51 816
54 388
54 388
129 932
Living cost
48 414
48 414
48 414
48 414
Free-cash
3 402
5 974
5 974
81 518

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽3845
₽101750
₽131577
₽14839
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
257
income
-
-
-
64 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
71 353
Employee
34 717
-
205 323
-
pensions
3 909
-
7 768
-
income
4 763
-
50 226
-
health
3 975
-
23 509
-
total
12 647
-
81 503
-
Employer
34 717
-
205 323
-
pensions
5 645
-
11 218
-
accident
580
-
3 429
-
unemployment
851
-
5 030
-
total
7 076
-
19 677
-
Corporate
183 207
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

164 887
202 500
-
-
total
164 887
202 500
-
-
Dividends
18 321
22 500
-
-
withholding
3 481
4 275
-
-
total
3 481
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
188 091
206 775
101 180
71 353
After tax
36 909
18 225
123 820
153 647
Living cost
22 070
22 070
22 070
22 070
Free-cash
14 839
-3 845
101 750
131 577

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽99403
₽73788
₽99557
₽102512
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
225 000
health
-
-
-
3 046
municipal
-
-
-
39 953
national
-
-
-
43 831
total
-
-
-
86 830
Employee
52 914
-
189 281
-
municipal
8 667
-
30 810
-
unemployment
794
-
2 840
-
pensions
3 571
-
12 776
-
national
874
-
27 961
-
health
395
-
2 495
-
total
14 301
-
76 882
-
Employer
52 914
-
189 281
-
health
407
-
1 458
-
pensions
9 180
-
32 839
-
accident
53
-
189
-
unemployment
344
-
1 231
-
total
9 984
-
35 717
-
Corporate
162 102
225 000
-
-
income
32 419
45 001
-
-
total
32 419
45 001
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

97 262
134 999
-
-
municipal
17 508
24 300
-
-
national
9 663
17 683
-
-
total
27 171
41 983
-
-
Income
225 000
225 000
225 000
225 000
Total tax
83 875
86 984
112 599
86 830
After tax
141 125
138 016
112 401
138 170
Living cost
38 613
38 613
38 613
38 613
Free-cash
102 512
99 403
73 788
99 557

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽140696
₽126256
₽128105
₽135224
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
51 599
social contributions
-
-
-
16 273
health
-
-
-
5 737
total
-
-
-
73 609
Employee
77 337
77 337
212 413
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
50 603
-
health
599
1 315
3 611
-
total
11 944
14 893
62 871
-
Employer
77 337
77 337
212 413
-
health
651
1 431
3 930
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 587
-
Corporate
186 195
139 813
-
-
income
23 275
17 477
-
-
total
23 275
17 477
-
-
Dividends
162 920
122 336
-
-
withholding
27 696
20 798
-
-
total
27 696
20 798
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 490
61 018
75 458
73 609
After tax
158 510
163 982
149 542
151 391
Living cost
23 286
23 286
23 286
23 286
Free-cash
135 224
140 696
126 256
128 105

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽170355
₽155506
₽175678
₽165240
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
225 000
income
-
-
-
23 287
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
33 354
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

23 085
-
215 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
20 794
-
health
1 962
-
8 112
-
total
7 117
-
43 697
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

23 085
-
215 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
199 538
225 000
-
-
income
17 958
20 250
-
-
total
17 958
20 250
-
-
Dividends
181 580
204 750
-
-
withholding
16 341
18 427
-
-
total
16 341
18 427
-
-
Income
225 000
225 000
225 000
225 000
Total tax
43 792
38 677
53 526
33 354
After tax
181 208
186 323
171 474
191 646
Living cost
15 968
15 968
15 968
15 968
Free-cash
165 240
170 355
155 506
175 678

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽121743
₽93856
₽98075
₽117301
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
840
income
-
-
-
71 300
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
99 268
Employee
37 188
-
195 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
67 848
-
total
9 530
-
73 769
-
Employer
37 188
-
195 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
175 955
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

26 394
33 750
-
-
total
26 394
33 750
-
-
Dividends
149 561
191 250
-
-
withholding
32 261
41 850
-
-
total
32 261
41 850
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 042
75 600
103 487
99 268
After tax
144 958
149 400
121 513
125 732
Living cost
27 657
27 657
27 657
27 657
Free-cash
117 301
121 743
93 856
98 075

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽138441
₽143001
₽143140
₽138120
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
77 436
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
79 901
Employee
2 983
-
223 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
77 361
-
health
149
-
357
-
total
1 024
-
78 432
-
Employer
2 983
-
223 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
221 346
225 000
-
-
income
48 696
49 500
-
-
total
48 696
49 500
-
-
Dividends
172 650
175 500
-
-
withholding
34 530
35 100
-
-
total
34 530
35 100
-
-
Income
225 000
225 000
225 000
225 000
Total tax
84 921
84 600
80 040
79 901
After tax
140 079
140 400
144 960
145 099
Living cost
1 959
1 959
1 959
1 959
Free-cash
138 120
138 441
143 001
143 140

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽145169
₽127463
₽127462
₽140220
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
225 000
income
-
-
-
52 049
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
80 145
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 227
-
211 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
52 049
-
health
1 351
-
3 828
-
total
8 835
-
66 840
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 227
-
211 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
194 078
225 000
-
-
income
29 112
33 750
-
-
total
29 112
33 750
-
-
Dividends
164 966
191 250
-
-
withholding
24 745
28 688
-
-
total
24 745
28 688
-
-
Income
225 000
225 000
225 000
225 000
Total tax
67 387
62 438
80 144
80 145
After tax
157 613
162 562
144 856
144 855
Living cost
17 393
17 393
17 393
17 393
Free-cash
140 220
145 169
127 463
127 462

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽100867
₽72789
₽90314
₽100506
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
225 000
income
-
-
-
29 384
surtax
-
-
-
-
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
78 188
total
-
-
-
107 572
Employee
39 035
-
181 818
-
surtax
-
-
229
-
social contributions
4 294
-
20 000
-
income
7 627
-
61 686
-
total
11 921
-
81 915
-
Employer
39 035
-
181 818
-
social contributions
9 270
-
43 182
-
total
9 270
-
43 182
-
Corporate
176 695
225 000
-
-
income
37 105
47 249
-
-
surtax
-
-
-
-
total
37 105
47 249
-
-
Dividends
139 590
177 751
-
-
withholding
39 084
49 770
-
-
total
39 084
49 770
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 380
97 019
125 097
107 572
After tax
127 620
127 981
99 903
117 428
Living cost
27 114
27 114
27 114
27 114
Free-cash
100 506
100 867
72 789
90 314

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽114054
₽86167
₽90386
₽107472
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
840
income
-
-
-
71 300
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
99 268
Employee
48 573
-
195 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
67 848
-
total
13 228
-
73 769
-
Employer
48 573
-
195 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
160 941
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 142
33 750
-
-
total
24 142
33 750
-
-
Dividends
136 799
191 250
-
-
withholding
29 326
41 850
-
-
total
29 326
41 850
-
-
Income
225 000
225 000
225 000
225 000
Total tax
82 182
75 600
103 487
99 268
After tax
142 818
149 400
121 513
125 732
Living cost
35 346
35 346
35 346
35 346
Free-cash
107 472
114 054
86 167
90 386

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽175050
₽173869
₽164532
₽168912
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
33 750
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
5 206
total
-
-
-
43 143
Employee
22 941
-
218 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 014
-
3 089
-
income
2 294
-
21 810
-
health
1 055
-
1 618
-
total
5 615
-
26 904
-
Employer
22 941
-
218 098
-
health
1 583
-
2 427
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
197 558
225 000
-
-
income
19 756
22 500
-
-
total
19 756
22 500
-
-
Dividends
177 802
202 500
-
-
withholding
8 891
10 125
-
-
total
8 891
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
38 763
32 625
33 806
43 143
After tax
186 237
192 375
191 194
181 857
Living cost
17 325
17 325
17 325
17 325
Free-cash
168 912
175 050
173 869
164 532

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽76888
₽100328
₽74751
₽90048
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
74 855
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 117
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 871
trade
-
-
-
25 577
total
-
-
-
111 420
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

50 042
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

227
-
4 117
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 115
-
74 855
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 871
-
6 871
-
total
11 213
-
85 843
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 958
225 000
-
-
income
26 243
33 750
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 443
1 857
-
-
chamber of commerce
408
483
-
-
trade
25 106
32 288
-
-
total
53 200
68 378
-
-
Dividends
121 758
156 623
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 653
2 132
-
-
withholding
30 057
38 773
-
-
total
31 710
40 905
-
-
Income
225 000
225 000
225 000
225 000
Total tax
96 123
109 283
85 843
111 420
After tax
128 877
115 717
139 157
113 580
Living cost
38 829
38 829
38 829
38 829
Free-cash
90 048
76 888
100 328
74 751

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽100209
₽55685
₽55685
₽102429
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
73 376
social contributions
-
-
-
38 647
total
-
-
-
112 023
Employee
78 672
-
225 000
-
income
14 845
-
73 376
-
social contributions
6 536
-
38 647
-
total
21 381
-
112 023
-
Employer
78 672
-
225 000
-
total
-
-
-
-
Corporate
146 328
225 000
-
-
income
18 290
28 125
-
-
total
18 290
28 125
-
-
Dividends
128 038
196 875
-
-
withholding
25 608
39 374
-
-
total
25 608
39 374
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 279
67 499
112 023
112 023
After tax
159 721
157 501
112 977
112 977
Living cost
57 292
57 292
57 292
57 292
Free-cash
102 429
100 209
55 685
55 685

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽104426
₽120552
₽148664
₽107942
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
225 000
income
-
-
-
33 750
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
6 077
total
-
-
-
39 827
Employee
46 138
-
220 374
-
income
5 006
-
58 687
-
social contributions
4 623
-
4 626
-
total
9 629
-
63 313
-
Employer
46 138
-
220 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
174 240
225 000
-
-
income
60 983
78 751
-
-
total
60 983
78 751
-
-
Dividends
113 256
146 249
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 549
84 065
67 939
39 827
After tax
144 451
140 935
157 061
185 173
Living cost
36 509
36 509
36 509
36 509
Free-cash
107 942
104 426
120 552
148 664

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽104874
₽88301
₽108395
₽110795
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
69 500
pensions
-
-
-
9 972
total
-
-
-
79 472
Employee
50 971
-
196 099
-
pensions
3 890
-
11 909
-
income
9 282
-
56 103
-
health
665
-
2 653
-
total
13 837
-
70 665
-
Employer
50 971
-
196 099
-
health
969
-
3 725
-
pensions
5 150
-
25 176
-
total
6 119
-
28 901
-
Corporate
167 911
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

31 902
42 750
-
-
total
31 902
42 750
-
-
Dividends
136 009
182 250
-
-
withholding
25 214
40 243
-
-
total
25 214
40 243
-
-
Income
225 000
225 000
225 000
225 000
Total tax
77 072
82 993
99 566
79 472
After tax
147 928
142 007
125 434
145 528
Living cost
37 133
37 133
37 133
37 133
Free-cash
110 795
104 874
88 301
108 395

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽6030
₽99565
₽129392
₽14505
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
257
income
-
-
-
64 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
71 353
Employee
38 154
-
205 323
-
pensions
4 296
-
7 768
-
income
5 234
-
50 226
-
health
4 368
-
23 509
-
total
13 898
-
81 503
-
Employer
38 154
-
205 323
-
pensions
6 204
-
11 218
-
accident
637
-
3 429
-
unemployment
935
-
5 030
-
total
7 776
-
19 677
-
Corporate
179 071
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

161 164
202 500
-
-
total
161 164
202 500
-
-
Dividends
17 907
22 500
-
-
withholding
3 402
4 275
-
-
total
3 402
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
186 240
206 775
101 180
71 353
After tax
38 760
18 225
123 820
153 647
Living cost
24 255
24 255
24 255
24 255
Free-cash
14 505
-6 030
99 565
129 392

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽158536
₽151470
₽129349
₽155492
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
225 000
income
-
-
-
37 820
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
82 062
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

21 742
-
225 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
37 820
-
total
8 153
-
59 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 258
225 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

20 326
22 500
-
-
total
20 326
22 500
-
-
Dividends
182 933
202 500
-
-
withholding
27 440
30 375
-
-
total
27 440
30 375
-
-
Income
225 000
225 000
225 000
225 000
Total tax
55 919
52 875
59 941
82 062
After tax
169 081
172 125
165 059
142 938
Living cost
13 589
13 589
13 589
13 589
Free-cash
155 492
158 536
151 470
129 349

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽78448
₽57212
₽65473
₽73873
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
50 337
regional
-
-
-
5 481
municipal
-
-
-
1 573
national
-
-
-
62 069
total
-
-
-
119 460
Employee
84 751
-
225 000
-
municipal
506
-
1 431
-
national
14 322
-
55 338
-
regional
1 280
-
4 959
-
social contributions
28 577
-
65 993
-
total
44 685
-
127 721
-
Employer
84 751
-
225 000
-
total
-
-
-
-
Corporate
140 249
225 000
-
-
municipal
6 760
10 845
-
-
nationa
33 660
54 000
-
-
total
40 420
64 845
-
-
Dividends
99 829
160 155
-
-
withholding
25 955
41 640
-
-
total
25 955
41 640
-
-
Income
225 000
225 000
225 000
225 000
Total tax
111 060
106 485
127 721
119 460
After tax
113 940
118 515
97 279
105 540
Living cost
40 067
40 067
40 067
40 067
Free-cash
73 873
78 448
57 212
65 473

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close